%0 Report %A Advani, Arun %A Koenig, Felix %A Pessina, Lorenzo %A Summers, Andy %T Importing Inequality: Immigration and the Top 1 Percent %D 2020 %8 2020 Sep %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 13731 %U https://www.iza.org/publications/dp13731 %X In this paper we study the contribution of migrants to the rise in UK top incomes. Using administrative data on the universe of UK taxpayers we show migrants are over-represented at the top of the income distribution, with migrants twice as prevalent in the top 0.1% as anywhere in the bottom 97%. These high incomes are predominantly from labour, rather than capital, and migrants are concentrated in only a handful of industries, predominantly finance. Almost all (85%) of the growth in the UK top 1% income share over the past 20 years can be attributed to migration. %K income inequality %K migration %K top income shares